Qualus Acquired by Clearlake | Energy M&A Deal

Clearlake has completed the acquisition of Qualus, a energy services other business in New York, for $60 billion. Clearlake acquires Qualus to expand a power and electric grid services platform focused on operations and infrastructure support. Qualus provides energy services for grid modernization and related field services, supporting energy M&A and platform acquisition strategies in NY acquisitions. Clearlake acquisitions are led by a private equity acquisition approach, with the deal structured as a platform acquisition and sized over $100M. The energy deals NY transaction closed as a platform acquisition, with deal terms reported at $185 billion and $60 billion.